5940 Appoline St
Dearborn, MI 48126
Hemlock- Studio
- 4 Baths
- 3,052 sqft
Studio
4 Baths
3,052 sqft
Local Information
© Google
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Description
Great opportunity to invest into a 3100 sqft, multi-family, 2 stories with 4 units. Each unit is rented out making a strong profit. All units are the same size and they include a large 1 bedroom, an open kitchen, a large living room, and a full bath. The full INVESTMENT brings in $28,000/ per year at around an 8% cap. And the rent could be increased. Seller is motivated and will consider all offers including land contract deals. Hurry and take advantage of this income property in East Dearborn in a great area. It won't last long. This 4 unit apartment building also includes a large basement. In addition, each unit is updated up to city code and behind the building are 4 spacious parking lots for the tenants.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 5940 Appoline St
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Interior Details Basement |
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features Roof: AsphaltExterior: Brick |
Parking & Garage Parking Spaces: 4 |
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Year Built Year Built: 1927 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 4 |
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Lot Area: 4791 sqft |
Price History for 5940 Appoline St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/07/2023 | $200,000 | Sold | N/A |
| 02/14/2020 | $240,000 | Sold | N/A |
| 02/01/2020 | $265,000 | Pending | Agent Provided |
| 01/21/2020 | $265,000 | PriceChange | Agent Provided |
| 12/16/2019 | $275,000 | Listed For Sale | N/A |
| 06/12/2008 | $45,000 | Sold | N/A |
| 05/22/2007 | $45,000 | Sold | N/A |
| 03/30/2006 | $205,309 | Sold | N/A |
| 11/29/1999 | $27,551 | Sold | N/A |
Market trends in Dearborn
Last updated May 2026
Avg. sale price
$261K
$8.33KMoM
Sale-to-List Price
99.0%
0.2%MoM
Price per sq ft
$155
$1MoM
Available listings
187
4MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $164,100 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$1,524/mo
Homes for rent near 5940 Appoline St
See what comparable homes in the neighborhood are renting for.Comparable Sales for 5940 Appoline St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.64 | Multi-Family Home | $313,000 | 07/23/25 | 4 | 3 | 2,768 | |
0.52 | Multi-Family Home | $291,000 | 10/09/25 | 4 | 3 | 2,850 | |
0.35 | Multi-Family Home | $220,000 | 11/19/25 | 4 | 2 | 1,629 | |
0.77 | Multi-Family Home | $220,000 | 07/03/25 | 4 | 3 | 2,432 | |
0.64 | Multi-Family Home | $320,000 | 11/13/25 | 3 | 2 | 1,662 | |
0.68 | Multi-Family Home | $155,000 | 01/21/26 | 5 | 2 | 1,502 | |
0.94 | Multi-Family Home | $240,000 | 03/23/26 | 3 | 2 | 2,312 | |
0.94 | Multi-Family Home | $280,000 | 12/29/25 | 6 | 2 | 1,920 | |
1.00 | Multi-Family Home | $380,000 | 09/24/25 | 6 | 2 | 2,584 | |
1.26 | Multi-Family Home | $345,000 | 10/15/25 | 5 | 3 | 2,600 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5940 Appoline St.
What Locals Say about Hemlock
At least 81 Trulia users voted on each feature.
80 % Say there are sidewalks
73 % Say yards are well-kept
67 % Say it's walkable to grocery stores
67 % Say they plan to stay for at least 5 years
65 % Say parking is easy
61 % Say car is needed
58 % Say kids play outside
58 % Say it's walkable to restaurants
56 % Say streets are well-lit
54 % Say it's dog friendly
53 % Say people would walk alone at night
52 % Say there's holiday spirit
51 % Say it's quiet
48 % Say neighbors are friendly
31 % Say there's wildlife
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 5940 Appoline St
Off Market Homes Near 5940 Appoline St
5940 Appoline St, Dearborn, MI 48126 is a studio, 4 bathroom, 3,052 sqft multi-family built in 1927. 5940 Appoline St is located in Hemlock, Dearborn. This property is not currently available for sale. 5940 Appoline St was last sold on Dec 7, 2023 for $200,000. The current Trulia Estimate for 5940 Appoline St is $330,900.

